The benchmark indices settled on Friday settled marginally lower after market heavyweight Tata Consultancy Services slumped on worries about its future following key management changes.Market is turning cautious in spite of a good start to the result season.
The Sensex ended at 27,238, down 9 points, while the broader Nifty closed at 8,400.35, down 6.65 points. Nifty January 2017 futures closed at 8417.70 on Friday at a premium of 17.35 points over spot closing of 8,400.35, while Nifty February 2017 futures ended at 8443.05 at a premium of 42.70 points over spot closing.
Nifty Future Tip For Tomorrow
Buy POWER GRID FUTURE above 199.5 targets: 200.5 , 201.5 stop loss 198
Sell HINDALCO FUTURE below 171.6 targets: 170.45, 169.3 stop loss 173.4
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